Film/Production company question
- Thread starter ashf
- Start date
There are no regulations or necessities that allows or disallows one to make a film. I'm not quite sure what your question is exactly, could you please elaborate if my below suggestions are off-route?
If it's a question of gaining the means to create, then it's hardwork and an incredible amount of networking.
If you're referring to the film having to belong to a production company, not necessarily. Although it is most rare that this isn't the case, I'm yet to see a law that states that the material must be owned/created by a production company.
(Festival wise I'm not at all sure, the regulations can change pending on what Festival/Country)
There are certain requirements/legal issues eg Hiring equipment/Public Liability Insurance/Crew/Talent Insurance/Location releases, that more often than not ask for a Production company...
To put it in perspective, in hindsight of what i believe you're asking.
Does a musician have to be under a label to make music?
P.S Welcome, Ash
If it's a question of gaining the means to create, then it's hardwork and an incredible amount of networking.
If you're referring to the film having to belong to a production company, not necessarily. Although it is most rare that this isn't the case, I'm yet to see a law that states that the material must be owned/created by a production company.
(Festival wise I'm not at all sure, the regulations can change pending on what Festival/Country)
There are certain requirements/legal issues eg Hiring equipment/Public Liability Insurance/Crew/Talent Insurance/Location releases, that more often than not ask for a Production company...
To put it in perspective, in hindsight of what i believe you're asking.
Does a musician have to be under a label to make music?
P.S Welcome, Ash
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I would do as others have suggested, get your prod. company registered. A lot of people (including myself) go the "LLC" route, but I'm not an expert in that area. It was really easy for me to do here.
Also, if your state (like mine) has tax break or other incentives, they will no doubt require that you have your prodco registered before you can start tracking expenses for write off when your film is done... Don't guess, check out their info.
But hard to imagine that you're out much time or money in going ahead and getting 'er done. Kinda cool to have your own prodco!
Also, if your state (like mine) has tax break or other incentives, they will no doubt require that you have your prodco registered before you can start tracking expenses for write off when your film is done... Don't guess, check out their info.
But hard to imagine that you're out much time or money in going ahead and getting 'er done. Kinda cool to have your own prodco!
The reason for creating a production company is to isolate your personal life from your business life, the concept being that your company can be sued, but you personally cannot. Even the major studios create a separate production company for each film they produce so a law suit or other action against the film cannot injure the rest of the corporate structure.
Obviously the best thing to do is to consult with an entertainment attorney, and an accountant or other type of money manager is recommended as well.
Obviously the best thing to do is to consult with an entertainment attorney, and an accountant or other type of money manager is recommended as well.
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Thank you for the answers, was mainly in reference to entering in festivals but will research the other points as stated, and thanks for the welcome ptp
Not a problem, Sir. Enjoy the boards!